UPS asks EU court to annul EU veto of its 2013 TNT bid

Discussion in 'The Latest UPS Headlines' started by cheryl, Apr 7, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    UPS asks EU court to annul EU veto of its 2013 TNT bid - Reuters

    * Rare opportunity for EU court to rule on EU M&A principles

    * UPS says EU antitrust regulators made manifest errors

    Thwarted in its bid to acquire Dutch peer TNT three years ago, U.S. package delivery company UPS took its case to court on Wednesday, asking judges to overturn the EU veto because of "manifest errors" made by antitrust regulators.